Li-Cycle Acknowledges Discussions With Glencore Amid Evaluation Of Strategic Alternatives

RTTNews | 610 dias atrás
Stocktwits
Li-Cycle Acknowledges Discussions With Glencore Amid Evaluation Of Strategic Alternatives

(RTTNews) - Li-Cycle Holdings Corp. (LICY) acknowledged Thursday regulatory filings made yesterday in the U.S. and Canada by Glencore plc and its affiliates related to discussions that Glencore is having regarding Li-Cycle and its subsidiaries, in light of the ongoing process being conducted by the Company to evaluate financing and strategic alternatives.

The Company does not intend to comment specifically on Glencore's disclosures.

As previously announced on November 13, 2023, the Company has engaged Moelis & Company LLC as financial advisor to assist in evaluating financing and strategic alternatives for the Company.

Moelis has commenced a robust process that includes both existing stakeholders and potential new investors. The Company is committed to identifying and pursuing financing and strategic alternatives that are in the best interests of Li-Cycle.

Etiquetas: LICY
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Li-Cycle Holdings Appoints Craig Cunningham As CFO

Li-Cycle Holdings Appoints Craig Cunningham As CFO

Li-Cycle Holdings Corp. (LICY), a lithium-ion battery resource recovery company, announced Thursday that it has appointed Craig Cunningham to the role of Chief Financial Officer (CFO), effective July 20, 2024. Cunningham has served as Li-Cycle's interim CFO since March 2024.
RTTNews | 386 dias atrás
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Amid a lack of economic and earnings data, U.K. stocks are moving in a tight range in somewhat lackluster trade on Friday. Investors are assessing the potential impact of the Trump administration's reciprocal tariffs on global economic growth. Optimism about a rate cut by the Fed next month is aiding sentiment a bit.
RTTNews | 51 minutos atrás
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RTTNews | 1 h 10 min atrás
DAX Modestly Lower After Four-day Winning Streak

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German stocks are down in negative territory on Friday, drifting lower after four successive days of gains, as some disappointing earnings announcements, and concerns about the impact of tariffs imposed by U.S. President Donald Trump weigh on sentiment.
RTTNews | 2 h 13 min atrás
European Shares Mixed As Investors Weigh Trump Tariff Impact

European Shares Mixed As Investors Weigh Trump Tariff Impact

European stocks were mixed on Friday after the Trump administration's higher tariff rates on trading partners took effect from midnight and Moscow confirmed Russian President Vladimir Putin and U.S. President Donald Trump are preparing to meet in the coming days, raising hopes of a ceasefire in the Ukraine war.
RTTNews | 2 h 45 min atrás
European Shares Seen Higher At Open

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European shares are seen opening higher on Friday after U.S. reciprocal tariffs took effect at midnight on Thursday.
RTTNews | 6 h 8 min atrás
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